REGISTERED NUMBER: 08185865 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

FOR

SILCO SPORTS LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

N Silcock

REGISTERED OFFICE:

5 Park Close

Claverdon

Warwickshire

CV35 8HH

REGISTERED NUMBER:

08185865 (England and Wales)

ACCOUNTANTS:

Clive Shedd & Co

Chartered Accountants

232 Sladepool Farm Road

Birmingham

B14 5EE

FIXED ASSETS

Intangible assets

5

-

-

Tangible assets

6

103,516

104,380

103,516

104,380

CURRENT ASSETS

Stocks

4,342

9,210

Debtors

7

3,224

12,416

Cash at bank

4,143

12,454

11,709

34,080

CREDITORS

Amounts falling due within one year

8

53,815

63,432

NET CURRENT LIABILITIES

(42,106

)

(29,352

)

TOTAL ASSETS LESS CURRENT LIABILITIES

61,410

75,028

CREDITORS

Amounts falling due after more than one year

9

26,993

30,225

NET ASSETS

34,417

44,803

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

34,317

44,703

SHAREHOLDERS' FUNDS

34,417

44,803

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 May 2026 and were signed by:

N Silcock - Director

1.	STATUTORY INFORMATION

Silco Sports Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates

In preparing these financial statements the company's management make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities at the statement of financial position date and the amounts reported in the income statement for the year under review.

The nature of estimates means that the actual outcome could differ and the company's management consider there are no estimates or assumptions that have a significant risk of causing a material adjustment to the amounts reported for assets and liabilities within the next financial year.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

not provided

Plant and machinery etc

-

25% on reducing balance

The company's practice is to maintain its land and buildings in a state of repair and refurbishment such that the residual value is at least equal to its book value. Consequently a depreciation charge is considered to be immaterial.

Tangible fixed assets are initially recorded at cost.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Basic financial assets and liabilities are initially recognised at transaction price and are subsequently measured at amortised cost.

Taxation

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Employee benefits

When employees have rendered service to the company, short-term employee benefits to which the employees are entitled are recognised at the amount expected to be paid in exchange for that service.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

5.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 September 2024

and 31 August 2025

4,916

AMORTISATION

At 1 September 2024

and 31 August 2025

4,916

NET BOOK VALUE

At 31 August 2025

-

At 31 August 2024

-

6.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 September 2024

and 31 August 2025

100,923

14,097

115,020

DEPRECIATION

At 1 September 2024

-

10,640

10,640

Charge for year

-

864

864

At 31 August 2025

-

11,504

11,504

NET BOOK VALUE

At 31 August 2025

100,923

2,593

103,516

At 31 August 2024

100,923

3,457

104,380

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

3,224

3,595

Other debtors

-

8,821

3,224

12,416

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

5,590

5,466

Trade creditors

24,440

26,691

Taxation and social security

18,605

21,648

Accruals and deferred income

5,180

9,627

53,815

63,432

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loan - 1 to 2 years

5,717

5,590

Bank loan - 2 to 5 years

16,400

17,543

Bank loan - over 5 years

4,876

7,092

26,993

30,225

Amounts falling due in more than five years:

Repayable by instalments

Bank loan - over 5 years

4,876

7,092

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100